| OIH latest price $154.3500 (12.9%) ($147.1900 - $155.1700) on Fri. Jun. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8% (three month average) |
RSI | 82 |
Latest Price | $154.3500(12.9%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 5.7% a day on average for past five trading days. |
Weekly Trend | OIH advances 10.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(81%) XOP(79%) IWN(67%) IFRA(63%) IWD(62%) |
Factors Impacting OIH price | OIH will decline at least -4% in a week (0% probabilities). VIXM(-33%) TLT(-21%) UUP(-20%) BNDX(-13%) VXX(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -4% (StdDev 8%) |
Hourly BBV | 1.3 () |
Intraday Trend | 4.9% |
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